It also includes more than 360 000 households, who took the opportunity to acquire ownership of their previously state owned rental properties; 69 000 upgraded community rental units and 6 000 finance-linked subsidies.
Human Settlements Minister Lindiwe Sisulu says government aims to make available 1.5 million housing opportunities during the current term of office. The Minister said this when she tabled the department’s Budget Vote Speech in the National Assembly on Tuesday. “We have committed that we will, between now and 2019, deliver 1.5 million housing opportunities. We remain committed to changing the apartheid spatial planning and developing new cities like Cosmo City where our people stay close to economic opportunities and social amenities,” she said. The Minister’s announcement comes after the department announced in Cosmo City two weeks ago that the department had delivered 4.3 million houses and subsidies since 1994, which benefitted more than 20 million South Africans. These consist of 2.8 million completed houses, 986 000 serviced sites, and 121 000 social housing units.